Results for six months ended December 31, 2007
Amcor announces a profit after tax and before significant items of $185.0 million.
20 February, 2008:
- Amcor announces a profit after tax and before significant items of $185.0 million.
- Profit before interest and tax up 10.3% for continuing businesses in local currency terms.
- Operating cash flow, including the cash component of significant items and movement in working capital, of a positive $92.9 million. Free cash flow, after the payment of the dividend, of $(61.9) million.
- The interim dividend remains steady at 17 cents per share.
- Returns measured as profit before interest and tax (PBIT) to average funds employed,increased from 10.7% to 11.8%.
- Profit after tax and significant items up 30.8% to $154.0 million.
- Profit after tax and before significant items was negatively impacted by $16 million due to the impact of translating overseas earnings into Australian dollars at a higher exchange rate than for the first half of the 2006/07 year.
Click on the link below to view a PDF of the full version Half Year Results Press Release 2008.
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Mr Ken MacKenzie